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Hong Kong stock market movement | CGN MINING (01164) fell nearly 4%, as one-time factors dragged down last year's net profit attributable to shareholders. Institutions indicate that it faces challenges in the short to medium term.
CGN MINING (01164) fell nearly 4%. As of the time of writing, it has dropped by 3.77%, trading at 1.53 Hong Kong dollars, with a transaction amount of 49.2212 million Hong Kong dollars.
Analysts Just Shaved Their CGN Mining Company Limited (HKG:1164) Forecasts Dramatically
Yuanta Securities Upgrades CGN Mining Company to Buy From Hold; Price Target Is HK$2
Positive Outlook for CGN Mining Co.: Buy Rating Backed by Strategic Offtake Agreement and Diversification Plans
China Galaxy Securities: New energy installations exceed thermal power, and the decline in thermal power generation is expanding.
During the interest rate down cycle, hydropower and Nuclear Power, which have strong dividend attributes, possess long-term allocation value, while Nuclear Power also has high long-term growth potential.
[Brokerage Focus] CMB International maintains a Buy rating on CGN MINING (01164), attributing the contract/spot price differential as a factor that helps limit further declines in spot prices.
Jinwu Financial News | The Research Reports from China Merchants International indicated that during the Analyst meeting after the performance release of CGN MINING (01164), management revealed some standards of the new 3-year exclusive agreement with the parent company (2026-2028), including (1) fair market practices, (2) contract structures of peers, and (3) expectations and requirements of independent Shareholders. This agreement is expected to be signed in the fourth quarter of 2025. The bank estimates that CGN MINING may maintain its current pricing mechanism (i.e., 40% fixed price + 60% spot price), but the fixed price may be increased. On the other hand, management has seen opportunities in Africa.